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Vail Resorts

Operator of ski resorts.

Headquarters:
390 Interlocken Crescent
Broomfield, CO 80021
Employees: 4,700
CEO: Robert Katz
Stock Symbol: MTN

Website: http://www.vailresorts.com

Career Site

Vail Resorts is a leading mountain resort company with locations in Colorado, Wyoming and California.

The company owns and operates six premier year-round resorts in Vail, Beaver Creek, Breckenridge and Keystone in Colorado, Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada, Canyons in Park City, Afton Alps in Minnesota and Mt. Brighton in Michigan. The mountain segment includes lift ticket, ski & snowboard school, dining and retail & rental businesses.

Vail Resorts Hospitality owns and operates hotels, condos and private residences located in proximity to its eight world class mountain resorts, including five RockResorts luxury hotels in Colorado. It also operates Half Moon, Jamaica under the RockResorts brand, as well as the National Park contract at Grand Teton National Park with Grand Teton Lodge Company. In addition, Colorado Mountain Express, an airport-to-resort ground transportation company, is part of the Lodging division.

Vail also operates a real estate development company with current projects including: Ritz-Carlton Residences, Vail; and One Ski Hill Place, a RockResort in Breckenridge.

In fiscal 2013, the company reported revenues of $1.25 billion, up from $1.12 billion the previous year. Net income was $28.5 million. Total skier visits increased 10.2% in 2014 to 7.7 million.

Sales

History

In March 1957, Pete Seibert and Earl Eaton, founders of Vail, first climbed the future Vail Mountain and realized the potential for a world-class ski area. Vail Mountain opened for skiing in 1962. Vail was named after Colorado highway engineer Charles Vail.

In April 1952, Grand Teton Lodge and Transportation Company, organized by John D. Rockefeller, Jr., moves forward on a lodging operation in Grand Teton National Park. $6 million was committed to build a new lodge. The new building project was called "The Grand Experiment". Jackson Lake Lodge opens in 1955.

Vail Resorts went public on the NYSE on February 1997.

Vail Resorts would acquire Heavenly ski resort in 2002.

Benefits

Here are some of the benefits available to employees:

- Free skiing and riding
- Health insurance (for full time employees)
- Affordable employee housing (for eligible employees)
- Deep discounts on outdoor clothing and gear, equipment, meals, activities, hotels, travel and more
- Additional discounts with local merchants
- Incredible incentives and cash rewards

Updated October 20, 2014